Arsenal have had a torrid time in the Premier League during the later end of this season, and they’ve fared no better in the Premier League of property price growth, sitting rock bottom.
According to new research carried out by online estate agents HouseSimple.com, over the past 12 months in the towns and cities where the 20 Premier League clubs are based, Arsenal and Chelsea were the only Premier League teams that have seen average house prices in the area fall in the past year.
Average property prices in the Borough of Islington, where the Emirates Stadium, Arsenal’s ground, is located, have fallen 1.9% over the past 12 months. Chelsea, who are odds on to win the Premier League this season haven’t fared so when it comes to property prices, with average prices falling 1% over the past year.
However, average house prices in the borough of Hammersmith and Fulham, where Stamford Bridge is based, are still more than three quarters of a million pounds, more than any other Premier League location.
And what about Sunderland? They are already relegated from the Premier League, and when it comes to average property prices they are also sitting in the bottom three, with prices stagnating over the past year, growing just 1.1%
At the other end of the table, Burnley are the surprise package coming out on top for property price growth, with average prices rising 13.7% in 12 months, from £70,877 to £80,605. While Watford (12%) and Hull City (10.4%) also saw double digit house price growth over the past year.
Team
Average house price in the town/city (£) -2016
Average house price in the town/city (£) – Current
Annual house price growth (%)
Burnley
70,877
80,605
13.7
Watford
322,316
360,858
12.0
Hull City
97,211
107,355
10.4
Tottenham Hotspur
512,198
562,564
9.8
Liverpool
115,933
125,862
8.6
AFC Bournemouth
218,015
235,962
8.2
Southampton
186,127
201,290
8.1
Manchester City
147,888
159,480
7.8
Manchester United
237,795
255,449
7.4
Everton
129,094
136,804
6.0
Leicester City
144,270
152,826
5.9
West Bromwich Albion
123,154
130,258
5.8
Crystal Palace
337,821
352,869
4.5
Middlesbrough
110,382
114,927
4.1
Stoke City
98,457
102,299
3.9
West Ham United
329,609
339,746
3.1
Swansea
134,301
135,816
1.1
Sunderland
108,349
109,529
1.1
Chelsea
773,193
771,882
-0.2
Arsenal
628,362
616,152
-1.9
Alex Gosling, CEO of online estate agents HouseSimple.com comments: “Whether you look at their position in the Premier League table or average house prices, it hasn’t been a great 12 months for Arsenal. While areas such as Burnley and Hull, where average house prices are some of the cheapest in the country, have seen impressive price growth since last season.”
source http://blog.evolutionproperties.co.uk/2017/05/10/who-is-top-of-the-premier-league-property-price-growth-table/
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